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Zimbabwe ZiG: What’s going on with the gold backed currency?

The Zimbabwe ZiG currency has moved sideways this year as it outperformed many of its peer currencies. Data provided by the central bank shows that the exchange was trading at 26.7 today, August 19, ...
AOL

Zimbabwe's ZiG is the world's newest currency and its latest attempt to resolve a money crisis

HARARE, Zimbabwe (AP) — Out with the Zimbabwe dollar, in with the ZiG. Zimbabwe on Tuesday started circulating a new currency to replace one that has been battered by depreciation and often outright ...
Los Angeles Times

Zimbabwe’s new currency woes hit traditional stores while illegal night bazaars flourish

HARARE, Zimbabwe — Batsirai Pabwe picked detergents, toothpaste, snacks and some pasta among several grocery items spread on the tarmac of a car parking space — an unorthodox night bazaar illuminated ...
U.S. News & World Report

Zimbabwe's Inflation Set to Drop Amid Stable Currency and Gold Boom

HARARE (Reuters) -Zimbabwe's annual inflation rate could halve from current levels by the end of 2025, driven by a stable local currency supported by high gold prices, according to a report by the ...
The Zimbabwe Independent on MSN

Standard Bank dollarises Zim unit, tightens risk controls

One of Africa’s largest lenders, Standard Bank Group, says it has shifted the functional currency of its Zimbabwean unit to the US dollar after determining that more than 80% of the subsidiary’s ...